South Korea
Jinwon Chun discusses the need for vigilance, his love for iced coffee, and preparing for INTA
Keejeong Kim, who returned to Yulchon after a four-year gap, said he was intrigued by the opportunity to work on neighbouring areas of law to IP
The firm also plans to build an entertainment practice group and up its IP and antitrust offerings with a focus on foreign clients
Data from Managing IP+’s Talent Tracker shows US firms making major swoops for IP teams, while South Korea has also been a buoyant market
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Sponsored by FirstLaw PCHyun-Sil Lee and Minji Ryan Kim of FirstLaw analyse changes to South Korean IP legislation and examine KIPO’s plan to introduce K-discovery -
Sponsored by Hanol IP & LawRecently, the Korean Patent Court rendered a favourable decision on the patentability of medical use inventions in which strict scrutiny was employed for two aspects of the enablement and inventiveness requirements.
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Sponsored by Hanol IP & LawIt is often time that matters in business. For trademarks, a prompt registration is probably the single most important issue in all areas of business, not just in the fashion industry. In Korea, it takes approximately one to 1.2 years to obtain a registered trademark using the regular system. However, this period can be shortened substantially if one uses fast-track examination.
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Sponsored by Hanol IP & LawAs of December 2019, designs of trendy fashion items can be registered within 10 days in Korea.
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Sponsored by Hanol IP & LawRecently, the Korean Supreme Court rendered a new en banc decision finding that a final and conclusive decision granting a patent correction cannot constitute a ground for retrial.
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Sponsored by Hanol IP & LawRecently, the Korean medical devices market has been growing notably. According to a 2019 Annual Report by the Korea Medical Devices Industry Association, the Korean domestic market has grown at a CAGR (Compound Annual Growth Rate) of 8% during the last five years (2014 to 2018). The global medical devices market also exhibits a rising trend; Fortune Business Insight has forecasted a CAGR of 5.3% from 2018 to 2025. In view of a growing geriatric population, the prevalence of lifestyle-related diseases, and rising demand for new innovative devices and personalised healthcare services, the future medical devices market is expected to show steady growth.
